Monthly Archives: January 2020

Nicolas Maduro, president of Venezuela, announced on Friday the opening of a new crypto-run casino in a battered country where betting halls have all but gone extinct. Nicolas Maduro, president of Venezuela, announced on Friday the opening of a new crypto-run casino in a battered country where betting halls have all but gone extinct. A casino for relief Maduro said Ávila National Park’s Hotel Humboldt will soon be home to an international casino that will operate with Petro (PTR), Venezuela’s state cryptocurrency, and that proceeds will fund […]

The crypto space can be hard to break into for those unfamiliar with the jargon, lingo, and foundational knowledge taken for granted by the already initiated. Adding to this difficulty is the fact that there are several different cryptos which bear the name “Bitcoin.” Convoluted as this all may seem, the differences are pretty easy to understand. This article seeks to explain in simple terms the difference between two of the most popular cryptocurrencies: Bitcoin Cash (BCH) and Bitcoin Core (BTC). Also Read: An In-Depth Look at […]

The correction in most major cryptocurrencies is shallow, which suggests that the up move is likely to continue within the next few days. The total market capitalization of the crypto space rallied from about $184 billion on Jan. 3 to a high of $250 billion on Jan. 19. That is a 35% gain within a short span of time. Usually, fast-paced rallies do not last long, hence, for the long-term health of the markets, it is better to have rallies with intermittent corrections. Bitcoin has been following […]

Over the course of 2019, China spent $3.6 billion on blockchain investment deals, which is nearly 41% less than in 2018. Chinese blockchain spending in areas of investment and financing deals has dropped over 40% in 2019, according to a new study by state-run sources. Over the course of 2019, China totally had 245 investment and financing deals, which is nearly 60% less than in the preceding year. Chinese blockchain investment spending has seen the biggest numbers in 2018 According to a joint study by China’s government-run […]

In an interview with Cointelegraph, Craig Wright still claims to be confident that he will get access to the Bitcoin fortune locked up with the Tulip Trust. Speaking with Cointelegraph’s video team on Jan. 20, Satoshi-claimant Craig Wright remained confident that he will get access to the Bitcoin fortune he famously claims to be locked up in the Tulip Trust. Access to the Tulip Trust Regarding the controversial Tulip Trust, and his ultimate ability to access his reported bitcoin fortune, Wright told Cointelegraph: “I’m 99.9999 and a […]

Bitcoin price was rejected at $9.2K suggesting a period of consolidation has begun and traders will watch the $8.6K support. The price of Bitcoin (BTC) tumbled down from $9,200 to $8,450 yesterday. However, bulls are defending the $8,600 level with strength. The market needs to find a support area before the continuation of the bullish momentum is likely. Did the market find one already? Crypto market daily performance. Source: Coin360 Bitcoin price finds resistance at $9,200 The price of Bitcoin rallied towards the $9,200 level through the […]

There’s a new concept called Powswap that lets people speculate on hashrate in order to hedge against price volatility. Powswap was developed by the software engineer Jeremy Rubin who believes hashrate derivatives products allow people to leverage new trading strategies. Also read: Regulatory Roundup: EU-Wide Crypto Regulations, New Rules in Europe, US, Asia Powswap Where Miners and Holders Can Speculate On Hashrate Software developer Jeremy Rubin recently announced the launch of a new project he developed called Powswap. It lets people speculate on hashrate to offer “mining […]

EIDOS airdrop dApp skews results of entire dApp market report for 2019. The transaction volume going through the EIDOS decentralized application (dApp) has massively skewed the results of the 2019 dApp Market Report, published Jan. 20. The token airdrop dApp on the EOS blockchain, saw almost three times as many transactions in 2019 as all of the other dApps on nine leading platforms combined. Perhaps the most notable aspect about this statistic is that EIDOS did not launch until 1st November 2019. In the two months of […]

Adam Back talks about the details of Bitcoin’s early days, his first emails with Satoshi Nakamoto and others about Bitcoin, and more. Eleven years after Bitcoin’s release, Cointelegraph caught up with Adam Back to discuss the early years of Bitcoin, his emails with Satoshi Nakamoto, privacy and much more. The Blockstream CEO, who spoke to Cointelegraph at the Latin American crypto event LaBitconf in Uruguay, is a developer and cryptographer known for inventing Hashcash, a predecessor of the proof-of-work system used by Bitcoin. Back also dismissed the […]

The lawyers for Alexander Vinnik, the alleged operator of defunct crypto exchange BTC-e, have filed a complaint alleging violation of Vinnikâ€™s rights. The lawyers for Alexander Vinnik, the alleged operator of defunct crypto exchange BTC-e, have filed a complaint alleging violation of Vinnik’s rights. Written on behalf of Vinnik’s young children, the complaint has been filed with a Greek court to prevent the allegedly approaching criminal’s extradition to France and the United States. Vinnik’s extradition from Greece was allegedly scheduled for last weekend Timofey Musatov, the head […]